Why ATM charges prove financial inclusion is out of fashion

September 26, 2011

The basic account was introduced by banks almost a decade ago after coming under pressure from the Labour government to give financially excluded people access to banking services. It is a no-frills account without overdraft facilities that allows people to have their wages paid into a bank account and to set up direct debits to pay bills.Read the rest by Faisel Rahman of Fair Finance in The Guardian